Clipping:Washington Club finances
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| Date | Sunday, November 14, 1886 |
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| Text | ...“Our expenses this season,” said Mike [Scanlan], in conversation with The Times representatives, “figured up about $62,000. This amount includes two items to which I would call your special attention. We paid during the past season over eleven thousand dollars for the release of players and the sum of seven thousand dollars was put into the grounds at Capital Park before the gates were opened. Our gross receipts from gate money at home and abroad amounted to $45,000. The apparent deficit of $17,000 was reduced by the revenue of the grand stand, privileges, etc., to about $10,000, but this loss we had to pocket. Now, glance at the prospect for next season. The grounds are in fine condition; the buildings and fences are new and will cost next to nothing for repairs for two or three years. Here we have a saving over this year’s expenses of nearly $7,000. “We will begin the season of 1887 with a strong nine and will probably pay out very little money for releases during the schedule. Here we hope to effect another large saving, though the management will be characterized by a liberality which will insure the signing of as many good players as are needed and can be secured. I have put our salary list for next summer at $28,000. It may be somewhat higher, but I am confident that figure is approximately correct. Add to this about $7,000 for traveling expenses and hotel bills and we have a total of $35,000 representing the season’s outlay. With indications pointing to an extraordinarily successful season in 1887, it is certainly reasonable to assume that our receipts will at least equal those of 1886. This would leave us a prospective margin of $10,000 as a very modest estimate. |
| Source | Philadelphia Times |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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